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As cannabis consumption lounges become more common in states where marijuana is regulated, owners of such spots face a unique challenge: balancing a social, relaxed atmosphere with the legal and regulatory responsibilities that come with serving marijuana.

One measure that some business owners adopt is having patrons sign a waiver of liability.

While a waiver can help limit the lounge owner's liability in case patrons experience injury or harm, it doesn't offer full protection - particularly regarding third-party claims.

Liability waivers have limitations, and it's important to mitigate potential liabilities through preparation and insurance coverage.

Liability waivers often are used in high-risk businesses such as gyms, amusement parks and recreational sporting venues to reduce an owner's liability if patrons are injured.

In the context of cannabis consumption lounges, a waiver might cover risks related to overconsumption, adverse reactions or accidents that occur on-site because of impairment.

However, liability waivers have limitations. Read story >

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N O R T H   A M E R I C A

Cansortium

finalizes cannabis merger with RIV Capital

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The merger between Florida-based, vertically integrated marijuana multistate operator Cansortium, which operates under the Fluent brand, and RIV Capital closed on Thursday.

Under the transaction – originally announced in May – Fluent has acquired all issued and outstanding Class A common shares of Toronto-headquartered RIV Capital in exchange for Fluent shares.

Robert Beasley was appointed chief executive officer of the combined company, which will operate under the Fluent name.

He has served as Cansortium's CEO since 2020. Read story >

E U R O P E

Germany's adult-use  pilot programs could benefit foreign operators

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Companies and scientific institutions could sell adult-use products in Germany under new legislation that allows these groups to seek licenses for cannabis pilot programs.

Industry observers said the pilot programs present opportunities for U.S., Canadian and other non-German companies.

Entities applying for a cannabis pilot program license must get approval from the German municipality where operations would take place, and the pilot program must have an experimental or scientific component, such as collecting data about marijuana use and outcomes.

The pilot programs would need to get final approval from the Federal Ministry of Food and Agriculture (BMEL). Read story >

C A N A D A

MediPharm inks

deal to sell Ontario

cannabis operation

for $5.5M

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Canadian cannabinoid company MediPharm Labs is selling its manufacturing operation in Ontario for $5.5 million to Kensana Health.

Under terms of the cash deal, Ontario-based Kensana Health will acquire all of the issued and outstanding shares of MediPharm subsidiary ABcann Medicinals.

Once the transaction is finalized, Kensana also will acquire a business license as well as the building, land and equipment.

As part of the agreement, the companies will form a strategic partnership in which Kensana will supply select products and services to support MediPharm's international brands and customer base. Read story >

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R E S O U R C E S

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